Tag: Financial Reporting Council

News round-up: this week in governance
Lessons from Davos; companies risk sliding back on ethical practices; economics affects everyone; Sir John Kingman moves to Barclays.

Audit reform in the UK risks ‘losing momentum’
The Financial Reporting Council still awaits the proposed new statutory powers that would allow it to enforce substantive change.

Retail’s ethical failures top the 2022 list
The retail sector gained more adverse press reports about ethics than any other, reveals research by the Institute of Business Ethics.

News round-up: this week in governance
FRC to pursue exam cheats; Porsche Volkswagen disagreement over Blume; FRC sets out stall for 2023 inspections; are you in ‘goblin mode’?

Call to reform ‘comply-or-explain’ element of governance
Academics propose that—if refined—the governance principle and the UK’s code will still be fit for purpose.

Stakeholder engagement: it’s time to ditch public vs private
Our radically altered corporate governance landscape, in pursuit of sustainability, requires an updated distinction between types of company.

UK boards face internal controls shake-up
The government’s reform proposals include seeking disclosures from many non-financial public interest entities.

News round-up: this week in governance
FRC awaits powers for audit reform; CEO transferable skills ‘myth’; Asos cuts CEO bonus; compliance can stifle innovation.

Why we need audit reform right now
There is an “urgent need” for reform to the audit landscape as well as internal audit, the Chartered IIA argues.

News round-up: this week in governance
Musk ‘slept on factory floor’; Tyson Foods CFO arrested; FRC public interest entity definition grows; Japan urged to boost women on boards.